Additional details
$299,000
Est. payment /mo
6 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12385245
Bedrooms 6
Year Built 1910
Annual Tax Amount $1,511
Tax Year 2023
Lot Dimensions 5844
Property Sub-Type Two to Four Units
Property Description
Incredible investment opportunity on Torrence Avenue-this rare find includes three contiguous commercial lots (three separate PINs) and two fully detached single-family homes, each offering three spacious bedrooms and ample living space. Zoned B1 Commercial, the property is ideal for investors, developers, or owner-occupants seeking flexible use-live in one home while generating income from the other or redevelop in the future. The site includes four parking spaces, with an additional option to purchase a fourth lot directly across the street. Located in a high-demand area near highways, public transportation, and shopping, this property offers significant long-term upside. One tenant is currently in place and open to staying. Don't miss out on this versatile, high-potential asset-act fast!
Location
State IL
County Cook
Area Chi - South Deering
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Aluminum Siding, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Aluminum Siding
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Olga Kaminska • Core Realty & Investments Inc.